banner_ad

Loss on house poperty

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 November 2011 If one owns two houses in the same city, out of which one is self occupied and the other one is rented out. On the property which is rented out there is a loss incurred due to interest , can this loss be set off against salary income.

Do let me know if

a. if there is no issue in having two houses in the same city one which is let out and one self occupied.

b. and the loss on HP can be adjusted against the salary income.
Profile Image

CA VISHAL RANA,CS,B.Com,AMFI

Profile Image

CA VISHAL RANA,CS,B.Com,AMFI (Expert)
14 November 2011 loss from house propery can be set off against salary income u/s 71 after intra head set off
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details